The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-10-17
STATE OF TRADE,
bradstrsst's y Weskly 7 Ievisw--Iroa and
z w. Il ~. - Wool Markets. fla1f .a 1l

!. Special kilograms 10 Bradartt,', frou
Leading business centres throughout the
!: united states note q continuance Of The
check to tho distribution Of. general mer,
chandise first reported In This column
ono week ago. There 10 less iaturbance
East and West owing to monetary ptriu.
gency. The prospect Of An carly return
movement OF funds to financial centree
has encouraged bankers 10 lend moro
freely on commercial paper at Now York,
and rates are more favorable, Money
continues relatively close only at New
Orleans, Louisville, Cincinnati and Pitts.
burgh. It 10 decidedly easIer at Boston.
New York, Philadelphia, Chicaeo, Mi.
waukee and st. Paul. The stock market
developed much weakness on foreign eell.
Ing. failfoad.sate disturbances and the
pasalng Of the Baltimore & Ohio Com.
pany's dividend. Prices OF all active
stocks nre mcaaurably lower. Bonds and
Investments are stagnant and depressed,
PiR Iron remains In an anomalous con.
dition Tor the season Of tho year, steadily
refusing to advance In price, with produc.
ton very heavy, but consumption about
equal to 1t. Steel rails are firm, 81 per
ton below the highest prices Of the wear.
The Lehi9h coal strike has not affected
the production OF anthracite pig iron much
yet, but promises to, soon, II continued.
The Lehiyh iron companiea have great
difficulty In getting coal Of a quality suit.
ablo Tor their purposes. Recent advicea
point to probable settlement Of the ptrike
OF 1900 anthracite miners in favor Of The
mine owners, which would be likely In
cause the Reading Company to recall thu
8 per cent advance in wages recsntlv
granted In tho Gohuyklll region. Ths
number Of the striking industrial en-.
ployes IN alllinss during October has az.
eraged nearly 1000 daily. -,''
All OF the Eastern wool markets have
shown increasing inquiry for two consecu.
two weeks At boston, though prices
continue In buyers favor, larger purcha.
aes have been made. In The New York |
market manufacturers ore also reader 10 |
tako hold, and at Philadelphia businebs ia \
more active. Values ere accordingly
drmer. Holders are reelsting CONCESSIONS |
more .strenuously and more successfully
than for some time paat. No advance In |
price, however, has yet occurred. Tho
takings for the mills continue limited In |
great measure to their present reouiro.
menta. The sample bag trade hal az.
sumed unusual proportions, With the
goods market in better shape than for
many months. the prevailing feeling feel,
ing in wool circles 10 qnmistakably more
hopeful.
There is more strength In the Boston
market, partly becaunc Of more general
inquiry from the mills, and partly also on
account Of the closing out OF a number Of
lots whoss sale was forced. Ohio and
Pennsylvania heccse aso steady, though
offerings are FREQ. Michigan Y wool ia
likewise firm. There ia good request for
No: combing and for fine Ohio delaine.
aud special attention continues to bu psid
to territories. Current quotations are 90
l!9llo"s IN comparison with last year and
the year before: '"' ''A.